Honda warns Chinese consumers against price-gouging practices

GUANGZHOU — Honda Motor Co. Ltd., with a backlog of orders for its Chinese-made Accord, is taking steps against China's increasingly common practice of price gouging on the secondary market.
In what is seen as a move to protect both its customers and reputation, Honda's Guangzhou-based joint venture recently took out ads in local newspapers asking people not to buy the locally made Accord models at unreasonably high prices. Other reports say customers are walking into dealerships with the ...

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